24i Media
Financials
Estimates*
EUR | 2016 | 2017 | 2018 | 2019 | 2020 |
---|---|---|---|---|---|
Revenues | - | 2.7m | 5.0m | 3.0m | 3.0m |
% growth | - | - | 85 % | (40 %) | - |
R&D budget | 4.0m | 4.0m | 5.0m | 3.0m | 3.0m |
R&D % of revenue | - | 148 % | 100 % | 100 % | 100 % |
Date | Investors | Amount | Round |
---|---|---|---|
$2.0m | Early VC | ||
N/A | Series A | ||
* | €21.4m Valuation: €27.5m 5.5x EV/LTM Revenues | Acquisition | |
Total Funding | €1.8m |
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Recent News about 24i Media
Edit24i is a technology company specializing in providing a modular and flexible SaaS platform designed for the TV and streaming industry. The company serves video providers, broadcasters, and media companies, offering solutions that prioritize consumer experience and operational efficiency. Operating in the global media and entertainment market, 24i's business model revolves around offering customizable and white-label applications for video delivery across multiple screens, including mobile devices, web, Smart TVs, set-top boxes (STBs), and game consoles. The company generates revenue through subscription fees for its SaaS platform and additional services such as UX and UI development, ensuring continuous innovation and scalability for its clients.
Keywords: SaaS, modular platform, video delivery, TV, streaming, UX, UI, multiscreen, media, entertainment.